Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,224 VND/USD on August 27, down 30 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,435 VND/USD and the floor rate 23,013 VND/USD.
At major commercial banks, the opening hour rates fluctuated in different directions.
At 8:00 am, Vietcombank listed the buying rate at 24,700 VND/USD and the selling rate at 25,040 VND/USD (selling), both down 90 VND from August 26.
BIDV cut both rates by 75 VND, listing the buying rate at 24,715 VND/USD and the selling rate 25,055 VND/USD./.
Reference exchange rate up at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).